That term ends February 3, 2018.
At her news conference, Yellen declined to say whether she would like to serve a second term.
One of the best-performing stocks on the Tokyo market was Nintendo, which jumped more than 7% on strong sales prospects for its Switch games console.
The main event, however, will be the Fed's meeting today and tomorrow, at which it is likely to take another step toward policy normalization in what is rapidly becoming a worldwide trend.
Hurricanes Harvey, Irma and Maria, the Fed noted, could have an effect on the economy, particularly inflation, in the short-term.
Fed officials are expected to announce more details regarding their balance-sheet plans on September 20.
Year-on-year, New Zealand's economy grew in the last quarter, as expected. Investors also are looking for indications of when and how central bankers will start selling off bonds bought to shore up economic growth after the 2008 crisis.
Earlier Thursday, the Bank of Japan also left its, in line with market expectations.
WALL STREET: The S&P 500 index rose 3.64 points, or 0.1 percent, to 2,503.87. Spot gold may break support at $1,299 per ounce and fall more towards the next support level at $1,281, said Reuters technicals analyst Wang Tao.
Looking to other central banks, Interactive Investor head of equity strategy Lee Wild says the ECB has been careful to keep at least one step behind USA policymakers for fear of over-inflating the euro.Читайте также: Will the German Elections Bring Back the Old Kingmaker?
They also have lowered their long-run forecast for the benchmark interest rate the Fed controls to 2.8 percent, down from 3 percent in a previous forecast in June. Forecasters expect the Fed to leave rates unchanged and stick to plans to raise rates in December.
USA central bank leaders are expected to hold the key interest rate steady this week, but they may begin trimming a huge bond-buying program that was meant to boost economic growth.
In July 2017, Federal Reserve maintained the target range for the federal funds rate at 1-1.25%.
Yields on the 10-year U.S. Treasury note rose to their highest levels since August 8 on the news.
The Fed announced Wednesday that it will let a small portion of its $4.5 trillion balance sheet mature without being replaced, starting in October with reductions of $10 billion a month and gradually rising over the next year to $50 billion a month.
In other currencies, the euro continued to track lower against the dollar after falling steeply on the Fed's Wednesday announcement. Hyundai Motors, on the other hand, gained 1.43%.
"The BOJ will patiently continue accommodative monetary policy to achieve 2 percent inflation".
Markets anticipated the balance sheet unwinding and have been quiet so far on Wednesday.
Wholesale gasoline was little changed at $1.66 a gallon.
Overnight, US stocks ended mixed after the Fed signalled a December rate increase is back on the table.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог
- Britain, France & Australia urge Myanmar to end military violence against Rohingya Muslims
- Scott pushing counties to remove Irma debris
- Ben McAdoo Throws Eli Manning Under The Bus After Latest Giants Loss
- Spanish police raids seen as attempt to thwart Catalan referendum
- USA warns Kurds no chance of Iraq talks if vote holds
- Apple iPhone 8 Price in India Along with Its Specifications & New Features
- India all out for 252 in 2nd ODI against Australia
- Supreme Court to hear plea challenging decision to deport Rohingyas today
- You can buy now, pay next year during Amazon Great Indian sale
- Saints open as underdogs to the Carolina Panthers